If you just got elected to the board or started managing a new community association, the first thing you should do is review your governing documents. Chances are you will be faced with questions, the answers of which are buried in your governing documents. But getting a solid grasp on your documents may seem likeGo to Resource
Amending Your Governing Documents Resources
Rental restrictions have always been a hot topic for community associations. Whether associations desire to limit the number of rentals, the types of permitted rentals, or both, the question of whether associations can and should adopt leasing restrictions comes up quite often. This article provides three important tips with respect to leasing restrictions. 1. LeasingGo to Resource
Outdated and burdensome provisions within the association’s bylaws can serve to hinder operations and needlessly increase administrative costs. For example, does your board conduct business via email? The association’s bylaws likely have a provision that sets forth the requirements for the board to make decisions outside of a board meeting (such as email) and itGo to Resource
Did you know that Colorado law provides associations, directors, and officers with certain rights and protections that may only be utilized if appropriate verbiage is contained in the governing documents? Below are four examples of such rights and protections that must be contained in an association’s governing documents for an association, its directors, and/or officersGo to Resource
Turning Bad Documents into Good Ones
INTRODUCTION A community association’s governing documents – its Articles of Incorporation, Bylaws, and Declaration of Covenants – typically fall within three categories: the good, the bad, and the ugly. Take this quick self-test to determine where your documents fall: Yes No ☐ ☐ Our association’s covenants contain declarant or developer rights that neverGo to Resource